Bill Williams New dimensions of stock trading.
The author of the book, unlike many others, is truly a professional trader
who has been involved in stock trading for several decades.
The book is written in a standard American style, which constantly uses comparisons between life situations and stock trading. So, what can you learn from the book “New Dimensions of Stock Trading”.
1. Start – an analysis of trading psychology, so to speak, an analysis of the mistakes and misconceptions of most traders that do not allow them to make money. Description of the correct approaches to trading and getting rid of stereotypes. An interesting section that reveals practical secrets of trading .
2. From chaos to space and further to cash - the author of this publication is a big supporter of the use of Chaos theory in stock trading, so this topic is covered most fully.
More than a dozen pages enlightening chaos and its integration into everyday life. Moreover, you will hear about most of the evenings narrated for the first time; the amount of information presented is simply amazing. 3. The alligator is our assistant – the alligator indicator is one of the most effective tools for determining the dynamic movement of a trend.
Its use to find entry points into the market. 4. Fractal - breakout trading - trading using fractals, creating technical models based on them and combinations that indicate a continuation or reversal of the trend. In addition to this article, you can download the fractal indicator .
5. Amazing oscillator - a description of one of the most famous AO oscillators and examples of its use to make a profit.
Decoding the buy or sell signals it gives. 6. Market acceleration - a story about how, based on the above tools, you can overtake other traders and emerge victorious.
7. Trade in zones - creating your own trading zones and assessing the prospects for making a profit.
8. Trading using balance lines - building this graphical instrument, receiving signals to open new positions depending on the location of the price.
9. Techniques for making a profit - so to speak, the final chapter of Bill Williams’ book “New Dimensions of Stock Trading”.
Here all the trading examples given are combined into one trading system. 10. How to master the skill of stock trading - general issues and approaches to working on the financial exchange.
The book is more suitable for traders trading in the stock or commodity markets, but anyone else will also find a lot of interesting things in it.